CL Redux

Quote from mrbochin23:

For the ones that like probabilities, if by 30 (10:30-11 AM) min bar we are above 73.25 is 80% chance that we will reach 73.75.

Market Profile strategy base on Value Area.
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thanks for sharing mrbochin

is 7325 POC, so is the logic, if price above POC by 10:30 , 80% chance it will reach VAH ?



see no reason to short this bull.....yet
 
Quote from Picaso:

-73.90 sim (too upset)

.20 stop

73.20 target

stop moved to .96 sar
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flipped at .96 -6 loss

:17 bracket .16 .25 --> stopped out at .16 +20 tick profit

Edit: bracket means moved stop (.16) and target (.25); this was due to a technical mistake on my part when entering the SAR (stop-and-reverse), I didn't change the target to 30 ticks; also hadn't changed the stop to 10 ticks (for breakouts) from 20 (my standard hard stop)

Really pissed off today after making a killing in sim (ES & EUR). I really need to make up my fucking mind and grow a pair.
 
Quote from EON Kid:

thanks for sharing mrbochin

is 7325 POC, so is the logic, if price above POC by 10:30 , 80% chance it will reach VAH ?



see no reason to short this bull.....yet
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73.25 was yesterday Value Area Low. The rule is if we enter yesterday VAL, and close in the 30 min bar in the VAlue Area, and the once the next open in the Value Area, is a 80% chance that it will hit the other side of yesterday Value Area, in this case Value Area High which was 73.70. I am glad it help you out.
 
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